nicholaswisnieox27ji nicholaswisnieox27ji
  • 29-09-2017
  • Mathematics
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Susan currently has an account balance of $1,336.60. Her initial deposit on the account was $820 and it earned 4.5% simple interest. How long has Susan held the account?

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keyanbloweox249o
keyanbloweox249o keyanbloweox249o
  • 29-09-2017
Here we need the time, so
t = I/pr = (1336.6-820)/(820)(.045) = 14 years


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